first_imgSunday 14 November 2010 10:46 pm KCS-content Tags: NULL Show Comments ▼ ICELAND’S economy has stabilised further and measures to ensure a restructuring of debt on the crisis-hit island remain vital, the International Monetary Fund (IMF) said yesterday.The top three Icelandic banks collapsed in October 2008 and the country needed a bailout led by the IMF.“Iceland’s post-crisis stabilisation is continuing, supported by a steady implementation of programme policies,” the IMF said in a statement after the end of talks on a review of economic measures that accompanied the bailout.Fund mission chief Julie Kozack said while broad agreement had been reached on policy measures that could deliver the goals set in the bailout, more time was needed to assess measures under consideration to restructure household debts.She said an acceleration of corporate and household debt restructuring in an affordable way was vital to the recovery and sustainable growth.The IMF was referring to measures being considered by the government to bring relief to indebted homeowners who have suffered during the downturn. The plight of the homeowners and fears of widescale evictions sparked two demonstrations against the authorities in October. whatsapp Sharecenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap IMF: Iceland is stabilising as debt crisis eases last_img read more